You are here

Daily Dispatches

Franklin Sanders: Somebody's 'painting the tape' with gold and silver

Section: Daily Dispatches

As a Financial Tsunami Threatens, Everybody Runs to Sell Gold?

By Franklin Sanders
The Moneychanger
Thursday, October 2, 2008

http://goldprice.org/silver-and-gold-prices/

Jason Hommel: If that silver price was real, you could get rich quick

Section: Daily Dispatches

10:08p ET Thursday, October 2, 2008

Dear Friend of GATA and Gold (and Silver):

Jason Hommel of Silver Stock Report tonight explains how you could make fantastic amounts of money -- billions of percent each year -- by purchasing thousand-ounce bars of silver on the U.S. commodities exchanges and turning them into hundred-ounce bars for sale on the retail market.

Greece joins stampede for Europe-wide bank bailout

Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Thursday, October 2, 2008

http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3124320...

Fed considers rate cut as recession fears mount

Section: Daily Dispatches

By Sudeep Reddy, Jon Hilsenrath, and Timothy Aeppel
The Wall Street Journal
Thursday, October 2, 2008

Federal Reserve officials are weighing further interest-rate cuts, even if Congress passes a $700 billion rescue plan, in the face of a deteriorating economic outlook and severely strained financial conditions.

Momentum grows to ease mark-to-market accounting rules

Section: Daily Dispatches

By Elizabeth Williamson and Kara Scannell
The Wall Street Journal
Thursday, October 2, 2008

http://online.wsj.com/article/SB122290736164696507.html

WASHINGTON -- The banking industry and a band of lawmakers have used the scramble to salvage the financial-markets rescue plan to give new life to an industry push to avoid billions in further write-downs with the stroke of a regulatory pen.

Former Treasury secretary calls bailout plan 'crazy'

Section: Daily Dispatches

By Brendan Murray
Bloomberg News
Wednesday, October 1, 2008

http://www.bloomberg.com/apps/news?pid=20601087&sid=atJMmClVjevU&refer=home

Former U.S. Treasury Secretary Paul O'Neill said the $700 billion bank-rescue proposal under negotiation in Washington is "crazy," with potentially "awful" consequences for the world's largest economy.

Comex prices aren't real, so root for them to go to zero

Section: Daily Dispatches

8:40p ET Wednesday, October 1, 2008

Dear Friend of GATA and Gold (and Silver):

Ambrose Evans-Pritchard: Europe's banks more leveraged than U.S. banks

Section: Daily Dispatches

So Much for Tirades Against American Greed

By Ambrose Evans-Pritchard
The Telegraph, London
Thursday, October 2, 2008

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/311899...

James Turk: Wealth destruction now is inflationary

Section: Daily Dispatches

2p ET Wednesday, October 1, 2008

Dear Friend of GATA and Gold:

Investors start fresh gold rush

Section: Daily Dispatches

By Javier Blas
Financial Times, London
Wednesday, October 1, 2008

http://www.ft.com/cms/s/0/9ce251de-8f37-11dd-946c-0000779fd18c.html?ncli...

"Fiat money, in extremis, is accepted by nobody," Alan Greenspan, the former chairman of the US Federal Reserve, told lawmakers in Washington almost a decade ago. "Gold is always accepted," he added.

Pages